Super-majorites and collective surplus in one-dimensional bargaining: Numerical simulations

被引:0
|
作者
Cardona, Daniel [1 ,2 ]
Ponsati, Clara [3 ]
机构
[1] Univ Ilies Balears, Palma de Mallorca, Spain
[2] CREB, Calgary, AB, Canada
[3] Inst Andlis Ecanorn CS1C, Madrid, Spain
来源
ECONOMICS BULLETIN | 2013年 / 33卷 / 01期
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中图分类号
F [经济];
学科分类号
02 ;
摘要
This note presents numerical simulations computing quota rules that maximize collective surplus for populations choosing a one-dimensional policy through bargaining and voting. These computations are based on the characterization of the unique (asymptotic) equilibrium of Cardona and Ponsati (2011). We show that under quadratic utility functions, the unique quota rule that maximizes collective surplus ranges from 80% to 95%.
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页码:278 / 287
页数:10
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